Invoice Data Capture

Data capture automation can extract invoice information and integrate it into your accounting system. You have the option to send your invoices to us for opening and scanning, or you can handle this process yourself. In either case, we will extract all the necessary invoice data and input it directly into your accounting system. Additionally, we can identify any exceptions that may require correction by your team.

Accounts Payable Automation

Accounts payable departments often find themselves overwhelmed with an influx of business documents. Numerous industry studies have demonstrated that the manual processing of accounts payable documents is needlessly costing organisations millions of pounds.

Many accounts payable employees know how to enhance their processes, but they simply require the right technology to assist them.

At Twofold, we prioritise our customers' needs and create customised solutions. We understand the importance of integrating with your existing accounting system and solving any processing or paper-handling challenges you may face. We aim to provide you with a user-friendly application that quickly resolves these issues without needing extensive consulting fees or replacing your current system.

Vendor Master File Cleaning

Maintaining accurate and up-to-date vendor records in your accounting system can be a time-consuming and monotonous task. As a result, many companies let their vendor details become outdated.

Update and refresh your data by ensuring accuracy in your legal entity, Company registration number, address, and contact details. However, we strongly recommend that you update any bank detail information.

Vendor Connect

Consider receiving an XML file containing all the essential data and a copy of your invoice. This will not only save you hours of manual data entry but also guarantee 100% accurate information through our reliable vendor connector.

To implement this solution, suppliers can continue printing their invoices as usual. However, instead of the invoice being printed, the connector will intercept the print stream before it reaches the printer. Subsequently, you will receive an email containing the invoice and XML data, ensuring a seamless and efficient process.

Accounts Receivable

Reduce debtor days

It is crucial to prioritise accounts receivable solutions within any organisation. Many individuals may think that they are already taking all necessary steps to ensure the prompt collection of outstanding debtors.

Did you know that a simple invoice layout redesign can dramatically improve its effectiveness?

Numerous organisations adhere to a conventional invoice layout determined by their accounting system. However, with Twofold's software, you can redesign invoices without programming modifications to the host accounting application.

Once the invoices have been redesigned, you can send them in batches via email, fax, or print without programming or manual selection. Our software intelligently analyses the invoice and automatically selects the most efficient delivery method, ensuring you can collect your funds. Even if you prefer to generate paper invoices, our folder inserters and franking solutions expedite the entire posting process.

Gain the opportunity to join a wide range of users, from Sage to SAP, who have already experienced significant cost savings with Twofold. Start eliminating postal expenses and achieving a substantial reduction in debtor days.